Flat for sale in Queens Road, Aldershot GU11
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Property features
- Share of freehold
- No onward chain
- Ideal investment
- Central Aldershot location
- On road parking
- Tenant in situ
Property description
A ready made investment for a first time landlord or seasoned portfolio investor with a tenant in situ. Available to buy with no onward chain and with rarely available share of freehold. The property is ideally positioned in central Aldershot near to the shops, amenities and travel connections.
The accommodation comprises an entrance hall, spacious living room and separate kitchen, bathroom and two bedrooms. Externally there is a shared garden for residents and on road parking with permits operated by Rushmoor Borough Council.
The property would benefit from modernisation to achieve top flight rent of circa £1,200pcm - works would include a new kitchen, bathroom, replacing the floors and redecorating throughout. However, the property is currently in fair condition with a long standing tenant paying £815 a month. Currently the property as it stands achieves a healthy 5.7% yield, with 8.4% gross yield available subject to scale of improvement works.
The property is available either with a tenant in situ, or with vacant possession.
N/B this property is on the first floor with no lift access.
EPC rating: C.
For more information about this property, please contact
Belvoir Aldershot, GU11 on +44 1252 926817 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Belvoir Aldershot, and do not constitute property particulars. Please contact Belvoir Aldershot for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.